NMDC Steel announces that Vishwanath Suresh, Director (Commercial), NMDC, has been appointed as Chairman & Managing Director of MOIL Limited, effective January 7, 2026. Consequently, Suresh has been relieved from his duties at NMDC Steel, ceasing to be a Director on the Board from the same date. Prior orders regarding CMD and functional directors will also apply on a co-terminus basis.
Leadership Transition
Vishwanath Suresh, previously serving as Director (Commercial) at NMDC, has been appointed Chairman & Managing Director of MOIL Limited. This appointment is effective from January 7, 2026, marking a significant shift in leadership.
Departure from NMDC Steel
With the new appointment at MOIL, Shri Vishwanath Suresh has been relieved from his responsibilities at NMDC Steel, effective January 7, 2026. Consequently, he ceases to be a Director on the Board of NMDC Steel from this date.
Co-terminus Directorships
Existing orders from the Ministry of Steel, dated March 20, 2023, specify that the CMD, Functional Directors, and Government Directors of NMDC Limited will also hold corresponding positions at NMDC Steel Limited on a co-terminus basis. This arrangement ensures alignment in leadership across both entities.
Source: BSE
